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→1930s: opposition towards New Deal
===1930s: opposition towards New Deal===
===1930s: opposition towards New Deal===
In the wake of the [[Great Depression]], the failures of President [[Herbert Hoover]] dragged the Republican Party into the minority party in Congress, and [[Franklin D. Roosevelt]] was elected in the [[United States presidential election, 1932|1932 presidential election]] by a landslide.
In the wake of the [[Great Depression]], the failures of President [[Herbert Hoover]] dragged the Republican Party into the minority party in Congress, and [[Franklin D. Roosevelt]] was elected in the [[United States presidential election, 1932|1932 presidential election]] by a landslide.
When Roosevelt took office, he quickly began establishing a series of federal programs known as the New Deal. The First New Deal programs received support from some congressional [[Republicans]] who emphasized relief for struggling Americans. This included House GOP leader [[Bertrand H. Snell]], who stated in his support of the 1933 [[Emergency Banking Act]]:<ref>Woods, Jr., Thomas E. (August 13, 2008). [https://mises.org/library/great-gold-robbery-1933 The Great Gold Robbery of 1933]. ''Mises Institute''. Retrieved October 16, 2021.</ref>
{{cquote|The house is burning down, and the President of the United States says this is the way to put out the fire. And to me at this time there is only one answer to this question, and that is to give the President what he demands and says is necessary to meet the situation.}}
==See also==
==See also==